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GRAND RAPIDS, Mich. – A decline in incoming orders and lower than expected return-to-offìce trends in the Americas, has led Steelcase Inc. to implement a further reduction of planned spending including a reduction of approximately $20 million of annualized spending and the elimination of up to 180 salaried positions across America’s core business and corporate functions. […]
BROOKLYN, N.Y.–(BUSINESS WIRE)–Global design company, West Elm, a portfolio brand of Williams-Sonoma, Inc. (NYSE: WSM), the world’s largest digital-first, design-led and sustainable home retailer, announced today, a new partnership with premium office furniture startup, Branch. The partnership, which is Branch’s first with a major retailer, will provide both commercial and residential West Elm customers access […]
IKEA and Dentsu Creative help Canadians weather the change of leaving home to go back to the office. For many, it’s a return to offices too. However, during the past couple of years, we’ve become used to not just working from home, but a feeling of living at work too. For many, working from home […]
(GLOBE NEWSWIRE) — Steelcase (NYSE: SCS) is pleased to announce it has been included on the 2022 Forbes List for Best Employers for Women, ranking 13 out of 400 organizations recognized. The Best Employers for Women have been identified in an independent survey of 50,000 U.S. employees working for companies employing at least 1,000 people […]
(Pocket-lint) – Herman Miller has announced a partnership with G2 Esports to not only supply the teams with equipment but also work on more gamer-first designs. The luxury high-end furniture company has entered into an exclusive partnership with one of the most well-known esports brands around. Herman Miller has said it will be G2‘s official […]
MUSCATINE, Iowa–(BUSINESS WIRE)–HNI Corporation (NYSE: HNI) today announced it has completed the sale of its China– and Hong Kong–based Lamex office furniture business. The business was acquired by Kokuyo Co., Ltd. for 75 million US dollars, subject to standard post-closing adjustments. Kokuyo is a leading manufacturer and provider of office furniture in Japan and across Asia.
Strong sales growth of 77% over the prior year, up 23% organically Sequential operating margin improvement of 230 basis points Continued progress with the integration of Knoll 66 million of run-rate cost synergies captured to date Company remains confident in ability to deliver $120 million of run-rate cost synergies within three years of closing Formal launch of […]
Quoted from officeinsight Magazine: When we met John Sacks, a consultant and writer from London in the NeoCon Press Room we asked what he thought of this year’s Neocon. He said, “My view is that NeoCon, with all the changes that have gone on, has kept its spirit – it’s exciting, it’s relevant and the […]
FurnitureToday Contract and office furniture giant Steelcase reported first quarter revenue of $740.7 million, a loss of $11.4 million over last quarter. Nevertheless, the performance was better than expected and well above last year’s first quarter revenue of $556 million. “We’re pleased with our revenue growth of 33 percent (over last year), which was better than expected […]
Quoted from Worktech Academy: The big office suppliers announced they were back in business and our man at the Mart, furniture industry veteran John Sacks of JSA, reports a number of interesting trends. These include more residential-style ranges with soft sofas, perhaps a nod to two years of home working; a rise in sit-stand workstations […]
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